The first 7 years of EBS involved delivering Affordable Housing Program funds under contract to Foster and Associates (later Capital for Compassion). Some of those projects included NMTC funds. EBS helped integrate the two funding sources, often with the Community Funding Group, on 9 projects.

The second phase of EBS included a partnership with Capital for Compassion. The team directly sourced and closed over $320 million of New Markets Tax Credits in 7 years from 46 sub-allocations across 24 separate closings, from 21 unique CDEs and 8 different investors.

The third and current phase of EBS, building on this foundation, is continuing to deliver funding to projects high in impacts through efficient closings, broadening the scope of community facilities served across the country, and diversifying possible funding sources. In 2023 & 2024, EBS closed $118 million of New Markets Tax Credits for 7 projects with 12 separate CDEs. We are excited to see growth in our communities over the next 7 years and beyond!

EBS delivers funding for various types of facilities including homeless services, transitional housing, workforce development, addiction recovery, early childhood, education, healthy food, nonprofit incubation, and recreation centers. We have a particular interest and expertise in tiny home communities.  Manufacturing projects with a compelling community story also excite us.

We have worked in most of the 50 states, typically in major cities such as Los Angeles, Nashville, Atlanta, Fort Worth, Phoenix, Memphis, Pittsburgh, Indianapolis, and Oklahoma City.  We have worked on many other types of community facilities such as tiny home communities for the chronically homeless in Austin and San Antonio, a charter school in Fresno, an early childhood learning center and clinic in Fort Wayne, an addiction recovery program in Baltimore, an emergency room diversion program in Merced, a YMCA in Oregon, and a school in Dallas.

EBS Tax Credits

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